Lovely Swap |the Best Decentralized Exchanges (DEX) Project Multi Chain

in #blockchain2 years ago

Although centralized exchanges (CEXs) currently dominate cryptocurrency trading activity, decentralized exchanges (DEXs) are growing in popularity. DEXs facilitate peer-to-peer trading by relying on automated smart contracts to execute trades without an intermediary. However, not all DEXs employ the same underlying infrastructure. While some retain conventional order book models, others use emergent liquidity protocols. In addition to exchange and liquidity protocols, developers are building new aggregation tools to address the disjointed liquidity that’s inherent in decentralized exchanges.
Everyone seems to want cryptocurrency these days. But to get in on the action, you’ll need a crypto exchange where you can buy and sell digital currencies, like Bitcoin, Ethereum and Dogecoin.

To help you pick the right one,i was combed through the leading exchange offerings, and reams of data, to determine the best crypto exchanges. All of these, however, come with one caveat: Cryptocurrencies are speculative investments and should only be made if you’re willing to accept wild price swings and a decent risk of losing everything.
In this article, we'll discuss information about the Lovely Swaps project and LST token.

Lovely Swap is the best AMM+NFT decentralized exchange for newborn projects on Binance Smart Chain, providing a more friendly trading experience and better project support. Lovely Swap is the Future! As a Trader You will find potential projects on Lovely Swaps early and accompany them to grow up to 'rock stars' through trading, farming, staking, etc. As a Project You will find the best support on Lovely Swaps , including growth fund, arbitrage support, entertaining activities, resource connection, friendly display, etc.
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What is the LOVELY SWAP?

Lovely Swap network is simply a well Structured exchange that looks to completely eliminate the lack of diversity going on in the DEX industry today. Through the Decentralized exchange on the protocol, income can be easily achieved when trading, the tier based programs for LOVELYtoken tools & launchpad offerings. Their latest version has also been launched to bring in the removal of third parties when it comes to crypto currency asset trading. The AMMs (Automated Match Makers) will help to keep the ecosystem liquid every single time through the Liquidity based pools.

LOVELY NETWORK'S WALLET

With the LovelySwap's very own wallet system, users will have the ability to simplify auto-execution mechanisms. It's also going to help with the storage of the ecosystem's token, which is referred to as LOVELY token. As the ecosystem continues to develop and improve, Crosschain based exchanges will be available, thereby bringing the framework of different networks in one spot.

New Features

Concentrated Liquidity: Liquidity providers(LPs)are aiven the ability to concentrate their liquidity by”boundina” it within an arbitrary price range. This improves the pool’s capital efficiency and allows LPs to approximate their preferred reserves curve, while still being efficiently aggregated with the rest of the pool.
Flexible Fees: The swap fee is no longer locked at0.30%.Rather,the fee tier for each pool (of which there can be multiple per asset pair) is set on initialization.The initially supported fee tiers are 0.05%0.30% and 1%.
lmproved Price Oracle: LOVELY V3 Swap provides a way for users to query recent price accumulator values, thus avoiding the need to checkpoint the accumulator value at the exact beginning and end of the period for which aTWAP is being measured.
Liquidity Oracle: The contracts expose a time-weiahted average liquidity oracle.The V2 Swap’s contracts are non-upgradeable by design,so LOVELY V3 Swap is implemented as an entirely new set of contracts,available here.

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About LOVELY SWAP TOKEN (LST)

LOVELY V3 Swapa novel AMM that gives liquidity providers more control over the price ranges in which their capital is used,with limited effect on liquidity fragmentation and gas inefficiency. This design does not depend on any shared assumption about the price behavior of the tokens.
LOVELY SWAP TOKEN (LST) is the core token that powers the LOVELY
Swaps ecosystem. Earn Lovely Swaps Token from Trade Mining, Yield Farms, and Lovely Pools, buy it on the exchange, then explore its use cases:

Stake it in Lovely Pools to earn free tokens
Use it in Yield Farms to earn more lovely
Vote in Nest to help projects win growth fund
Decentralized Exchanges (DEX) have gained popularity not only since the hype of decentralized financial products (DeFi). But the rush to the decentralized exchange Uniswap reignited the debate about the pros and cons of decentralized and centralized exchanges (CEX). Many crypto enthusiasts believe that the market share of decentralized exchanges could increase significantly in the future. And many of the established crypto exchanges are also currently working on a decentralized version of their trading venues. Reason enough to take a look at the characteristics of the different types of exchanges. Will crypto trading really become fully decentralized in the future?

What the benefits of Lovely Swaps?

Lovely Swaps protocol comes with multiple benefits:
Lovely Swaps acts as a second layer solution on Uniswap and other DeFi platforms and aggregates all orders before sending them to liquidity pools. In addition to order aggregation, Lovely Swaps also has a built-in order matching engine that matches orders at layer 2 and only sends remaining orders to Uniswap and other exchanges. The Lovely Swaps protocol comes with many benefits:

Lower Transaction Fees – Aggregated orders distribute trading fees to multiple users and can reduce transaction fees by up to 80%.
Layer 2 Reciprocal – Orders can be matched when executed on layer 2.
Lower slippage – Aggregate platforms provide a larger source of liquidity to execute orders.
Secure Trading – Orders are executed without the need to be online about the transaction.
Faster Transactions – LovelySwap is a faster way to swap assets.
Liquidity Mining – Earn LOVELY SWAP TOKEN (LST) when you trade on LovelySwap.

MORE INFO CHECK BELOW LINKS :

Official Website: https://v3.lovely.finance/
Whitepaper: https://v3.lovely.finance/img/V3-swap-white-paper.pdf
Explorer: https://bscscan.com/token/0x019992270e95b800671d3bc1d763E07e489687B2
Twitter: https://twitter.com/v3swap
Telegram: https://t.me/lovelyv3swap

Author:

Bitcointalk username: taynguyen_cry
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2815776
BSCWallet address : 0xc16B9583a474870656776F26C734d08850cAd207

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